Journal of Business and Management
Vol 11, No 1 (2022)

The Effect of The Spread Of Covid-19 On International Trade And The Country’s Political, Social, And Economic Differences




Article Info

Publish Date
08 Nov 2022

Abstract

The COVID-19 pandemic has changed the world in an unprecedented way. The spread of COVID-19 can have an impact on international trade and the political, social, economic differences in each country. This study aims to determine how much influence the spread of COVID-19 has on international trade and to find out how much influence the spread of COVID-19 has on political, social, and economic differences in each country. The data was processed using the Partial Least Square (PLS) approach. PLS is a predictive technique that is an alternative to Ordinary Least Square (OLS), Canonical Correlation, or Structural Equation Modeling (SEM). The results of the study found that (1) The spread of COVID-19 had a significant effect of 34.8% on international trade. (2) The spread of COVID-19 has a significant effect of 44.8% on the country's political, social, and economic differences.Keywords: COVID-19, International Trade, politics, social and economy of the country, Partial Least Square

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Journal Info

Abbrev

jbm

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Journal of Business and Management (JBM)is an online journal that is published three times a year. It publishes research papers that give rigorous theoretical and practical insight of business and managament. JBM aims to provide a forum for the dissemination of theory application and research in all ...